Webwire: HTC flattens Q4 outlook; RIM slashes PlayBook RRP

Staff writer
24 Nov 2011
00:00
News
Daily News

HTC slashes Q4 revenue forecast

HTC now expects its Q4 revenue to be broadly in line with a year ago, lowering a forecast provided a month earlier of 20% to 30% revenue growth.

Wall Street Journal

RIM cuts PlayBook RRP by $300

RIM has slashed the price of its PlayBook tablet by $300 to $200, in the latest example of a dramatic tablet price cut by iPad competitors.

MoneyVille

TNZ chopper pilot unharmed in crash

A helicopter pilot walked away unharmed from a spectacular crash while erecting Telecom New Zealand’s Christmas tree in Auckland yesterday. Investigators currently believe the copter’s rotor tangled with a cable attached to the tree.

New Zealand Herald

Apple pulls subscription game plan from App Store

Apple has pulled Big Fish Games' subscription mobile game service from the App Store less than a week after it went up, despite having originally officially approved the product.

Bloomberg

Google shutters renewable energy project

Google has pulled the plug on a number of non-core projects, including its plans to make renewable energy cheaper than coal and several social media products that have been supplanted by Google+, as part of CEO Larry Page's continuing streamlining efforts.

Reuters

Canada may loosen foreign telco ownership rules

The Canadian government is considering lifting all foreign ownership restrictions on telecom companies with a market share of 10% or less, in a bid to allow smaller operators to access the funds needed to compete with the big three incumbents.

The Globe and Mail

Apple switches to solar

Apple is seeking to boost its ‘green’ credentials by converting a US data center from coal-fired electricity to solar power.

The Guardian

Groupon stock falls below IPO price

Shares in daily deals site Groupon have fallen below the company's IPO starting price, three weeks after its initial listing on the Nasdaq exchange.

Associated Press

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